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Home Based Businesses – Why You Should Not Start One?

by David Lim

The web is full of offers to start home based businesses. If you were to buy into the hype, you would get the impression that a home business is something that is easy to start, doesn’t need any skills or a lot of time and makes a lot of money.

You definitely do hear of success stories. But those are few and far between. The truth for most people will be very different. For most people, they will fail miserably to achieve the advertised results.

When I started looking into home based businesses some years back, I believed that anybody with the drive to succeed can make such business a success. Now, with the benefit of hindsight, I think otherwise.

Despite what you have been let to believe in the ads, a home based business is a business in every sense of the word. Not everybody can make a success of it. I have made a list of reasons and traits which you should NOT have to start a home business.

If You Are Looking At A Home Business To Replace Your Present Job

You are going to quit your job the next month. You have about 2 months worth of savings in the bank. You are going to be working very hard at a home business to make sure that it will make good money by the third month so that you can put food on the table and not miss any payments.

If You Don’t Want To Learn New Skills

Technology scares and confuses you. It is a major project just to figure out how to set the remote timer on your air conditioning. You are happy doing the same thing day in and day out and is upset if you are required to learn how to use the new photocopier machine. In fact, every time you need to install a new program, you bring your computer to the shop to get them to install it for you.

If You Don’t Have The Drive To Push The Boundaries

You are at your best when there are clear, concise instructions for the task at hand. Words like leader, visionary or entrepreneur just does not apply to you. When asked to lead a project, you break out in a cold sweat and will try whatever you can to get out of it.

If You Need Money Desperately

You are starting a home based business expecting that it will yield a good return within a short period of time. Your savings can only last you one more month and the car payments are already late by one month.

If You Are Not Willing To Work Hard

You are expecting that a home based business will make you a lot of money real quick. You want to work a few hours a week, doing work that a 9 year old can do, and earn a four figure amount per month – just like many advertisements that you have seen.

In Conclusion

If you have been mentioned at least once above, my suggestion is to take it very seriously. A home based business is not easy, and you do not want to start one with a handicap.

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